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In a strong early-November showing, Saudi Arabia booked investment commitments totalling US$ 173 billion across several key sectors including tourism, technology, infrastructure and defence, marking a major milestone in the country’s Saudi Arabia investment drive.
Investment Highlights
- The four-day Biban Forum, themed “Global Destination for Opportunities”, welcomed more than 100,000 visitors and secured deals exceeding SAR 38 billion (roughly US$10 billion).
- The inaugural TOURISE Summit achieved investments worth approximately US$113 billion, with participation from global hotel and hospitality brands, supporting Saudi Arabia’s ambition to attract over 150 million visitors by the end of the decade.
- At the Future Investment Initiative (FII) ninth edition, more than US$50 billion in agreements and pledges were recorded covering artificial intelligence, renewables, infrastructure and more.
- The localisation of military spending has risen to 24.89 percent as part of the country’s push under Saudi Vision 2030 to reach 50 percent localisation by 2030.
Why This Matters
These inflows of investment underscore Saudi Arabia’s transformation into a global investment hub. For international companies and investors, the Kingdom’s policy reforms, infrastructure build-out and priorities in tourism, tech and defence create extensive opportunity.
How J K Can Help
At J K Management Consultancies, we specialise in supporting businesses looking to capitalise on Saudi Arabia’s investment surge. Our services include:
